Answer to Question #14954 in Macroeconomics for marmar
The bank's reserves will go up by $1,000,000.
The bank's reserves will go down by $10,000,000.
The bank's reserves will go up by $10,000,000.
The bank's reserves will go down by $100,000,000.
Because paying with the check he increases the money amount of the bank by 10,000,000, so the bank needs to increase its
reserves by 1,000,000
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